Driving Effectivity In Software Improvement: Prakash Somasundaram’s Contributions To Job Monitoring And Control


Based on that aforementioned FCF margin of 22% (or FCF profit of about $204 million), and a current market cap of $10.8 billion, Monday.com inventory now trades for about fifty three times anticipated 2024 free money move. Due to our cumulative web losses over the past few years, our GAAP tax expense is primarily because of sure state and foreign earnings taxes. For non-GAAP purposes, we utilized a 0% tax fee for 2023 and 2022. The ensuing non-GAAP tax expense displays the precise earnings taxes expense throughout every interval.

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